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American recovery drives the dollar sharply higher

By Steve Rothwell
Published September 9, 2014 8:18pm ET
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American recovery drives the dollar sharply higher
FILE - In this Sept. 24, 2014 file photo, a sheet of uncut $100 bills is inspected during the printing process at the Bureau of Engraving and Printing Western Currency Facility in Fort Worth, Texas. A strengthening U.S. economy, combined with a gloomy outlook for growth elsewhere in the world, is pushing the U.S. currency to its highest level in more than a year. (AP Photo/LM Otero, File) | LM Otero

NEW YORK (AP) — In the world of currencies, the dollar is starting to look like a safe home in a tough neighborhood.

A strengthening American economy, combined with a gloomy outlook for growth elsewhere, is pushing the U.S. currency sharply higher.

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